I had to go to a lunch meeting. I would have let this play out some more. I saw the stock break down under moving average and trendline. I ended up covering after about 30 min. I ran out of patience and took profits.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-20 13:48:37 | TSN | sell | $42.850 | short |
2014-11-20 14:13:14 | TSN | buy | $42.780 | 0 |
You chase that entry dude you can't just short something after three red candles and shorted on the fourth red candle
understood. I hadn't stuck to my business plan on this day, and was just scanning trying to make entries. didn't work in my favor overall...
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Let it play out.